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Monday, April 28, 2014

Make Insurance Mandatory For All Marriages, Says AP High Court To IRDA

The Chief Justice of Andhra Pradesh High Court Mr.
Kalyan Jyoti Sengupta on Saturday suggested the insurance regulator in India
Insurance Regulatory and Development Authority (IRDA) to convince the
government to bring in a legislation making it mandatory for all marriages to
be insured.

Speaking as a chief guest at an insurance awareness programme in Hyderabad
organized by the IRDA, Mr. Sengupta said, “This will protect women in the unfortunate
event of the breakdown of the marriage."

If a marriage is insured, then the wife need not suffer on account of a
negligent husband who does not pay alimony to her, he added.

He also suggested that the premium or at least a portion of it must be borne by
the state for those who cannot afford to pay it.

The IRDA Chairman Mr. T S Vijayan thanked the Chief Justice for his
suggestions, and also assured him that the regulator will take up the matter
with the government.